$795,000

Dayton Avenue Apartments is an eight-unit multifamily property located at 524 Dayton Avenue in the Cathedral Hill neighborhood of Saint Paul. Constructed in 1911, the property is situated on a 0.13-acre parcel and consists of two studio and six one-bedroom residences. The property is fully occupied, with average monthly rents of approximately $1,088. The property has benefited from several interior and building improvements. All eight residences feature updated flooring, while six units include granite countertops and four units have tile backsplashes. Every residence is also equipped with a dishwasher. Additional building improvements include updated electrical panels. Dayton Avenue Apartments is located just a few blocks from the Martin Luther King Recreation Center, which offers a baseball diamond, tennis courts, an indoor gym, and additional recreational amenities. The property also benefits from its Cathedral Hill location, providing convenient access to neighborhood restaurants, retail, public transportation, and employment centers throughout Saint Paul.